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"business-news"

  • Shapoorji Pallonji Mistry pushes for Tata Sons listing, cites public interest

    Mistry’s remarks come amid reports that Tata Trusts trustees Venu Srinivasan and Vijay Singh support public listing of Tata Sons, while chairman Noel Tata opposes the move
  • Jaypee founder backs Adani in JAL acquisition battle

    National Company Law Tribunal’s Allahabad bench had approved Adani Enterprises' Rs 14,535 crore bid to acquire JAL assets, which was challenged by Vedanta with a Rs 17,926 crore offer
  • No governance lapses found in HDFC Bank, says RBI

    Governor Sanjay Malhotra says board minutes reviewed; no concerns on ethics and governance
  • Air India forms panel to find CEO Wilson’s successor

    Campbell Wilson has been under fire since June 12 last year following the crash of London-bound flight shortly after takeoff from Ahmedabad, which killed 241 of the 242 people on board. He has also faced criticism over regulatory lapses
  • Government may seek revised bids for IDBI Bank strategic sale

    The strategic sale of IDBI Bank has reached the technical evaluation stage after bids from Fairfax and Emirates NBD fell below the reserve price. The government and LIC jointly hold 94.71% of the bank and aim to sell 60.72%.
  • RBI MPC meet begins amid inflation concerns, rate cut pause likely

    The RBI’s Monetary Policy Committee has begun deliberations amid rising inflation concerns driven by crude oil prices and geopolitical tensions. Experts expect the central bank to maintain a status quo on interest rates while adopting a cautious and flexible policy stance.
  • When Steve Jobs founded a startup on April Fools’ Day — and pulled it off

    On January 9, 2007, Jobs unveiled “three” breakthroughs — an iPod, a phone, and an internet device — then stunned the world: it's one device, And it's called the iPhone
  • Cyber fraudsters using ‘Digital Lutera’ toolkit to bypass UPI security: Report

    CloudSEK has warned of a new cyber fraud technique that manipulates Android devices, intercepts OTPs and bypasses UPI security; UPI custodian NPCI says robust safeguards exist to manage such risks
  • BYD unveils Blade Battery 2.0 with 1,000 km range and ultra-fast charging

    The Chinese EV maker stated that its 'flash charging' system can power the battery from 10% to 70% in just five minutes, and reach 97% in approximately nine minutes under normal conditions
  • India’s LNG supplies disrupted as Qatar halts production amid West Asia crisis

    India, heavily reliant on long-term LNG contracts with Qatar, faces a temporary cargo suspension, causing up to 40% supply cuts for industries and city gas distributors
  • Dow drops 1,200 as stocks sell off around world, oil prices leap even higher on war worries

    The price for a barrel of Brent crude, the international standard, leaped another 7.8% to $83.84. That's up from close to $70 less than a week ago
  • Strait of Hormuz crisis: India says oil, fuel stocks adequate for 6–8 weeks

    With 25 days of crude and fuel stocks, plus strategic reserves and diversified imports, India is confident of maintaining supplies even if the West Asia crisis continues, a top oil ministry official said
  • EPFO retains 8.25 per cent interest rate for 2025-26

    After government ratification, the 2025–26 interest rate will be credited to the accounts of over seven crore subscribers of the Employees' Provident Fund Organisation 
  • Sensex, Nifty drop over 1 pc amid heightened Middle East tensions

    Indian equity markets opened sharply lower as escalating tensions involving the US, Israel and Iran triggered global risk-off sentiment. Sensex and Nifty fell over 1 per cent, while crude oil surged and Asian markets traded in the red amid war concerns.
  • Market cap of six top-10 firms jump Rs 63,478 crore

    India’s top-10 companies saw mixed market performance last week, with Larsen & Toubro and State Bank of India leading gains of Rs 28,523 crore and Rs 16,015 crore, while Bharti Airtel and ICICI Bank faced major valuation declines
  • VIYONA Fintech partners with EFICYENT to facilitate cross-border UPI acceptance

    VIYONA Fintech has partnered with EFICYENT to enable international acceptance of India’s UPI across select corridors. The collaboration will focus on merchant payments and cross-border collections, with phased rollout subject to regulatory approvals in overseas markets
  • Rupee slips 11 paise against US dollar in early trade

    The rupee fell 11 paise to 90.77 against the US dollar in early trade on Tuesday as markets remained cautious after the India-US interim trade framework. Forex experts cited fading optimism and global uncertainties despite steady foreign inflows
  • Washington Post publisher Will Lewis to step down, days after big layoffs

    Former editor Martin Baron slams Bezos for attempting to curry favour with President Donald Trump, calling the turmoil at the Post “near-instant, self-inflicted brand destruction”
  • Govt gets financial bids for IDBI Bank strategic sale: DIPAM Secretary

    The privatisation of IDBI Bank has been stalled for over three years, after the government and LIC invited expressions of interest in October 2022 to sell a combined 60.72 per cent stake
  • Trump names Kevin Warsh as Fed chair, replacing Jerome Powell

    The appointment, which requires Senate confirmation, amounts to a return trip for Warsh, 55, who was a member of the Fed's board from 2006 to 2011
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